Never gamble

Most traders, as Steven A. Cohen wrote “are indecisive, lack conviction, and are afraid of taking risks and making mistakes;” moreover, they are “unaware of the personal demons that are holding them back from true success.”

Trading Like Gambling – Signs You have

  1. you are going all-in
  2. overtrading
  3. you are using credit to trade above and beyond margins
  4. erratic mood swings
  5. no trading rules
  6. not using stops